Vigil for slain trooper planned at State Police HQ
Vigil honors slain VSP trooper Michael Walter
Driver arrested after hit-and-run involving 7-year-old girl
Funeral arrangements finalized for slain VSP special agent
Former Virginia GOP chairman killed in Mountain Road crash

Richmond developer faces federal charges

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

Billy G. Jefferson

RICHMOND, Va. (RichmondBizSense.com) – A Richmond developer arrested in April on charges of defrauding the state historic tax credit system is facing federal criminal charges related to some his local real estate projects.

Billy Gene Jefferson Jr. was charged last week with defrauding the federal historic tax credit system by allegedly overstating expenses for at least 10 of his redevelopment projects beginning in 2010. According to charges filed Dec. 9, Jefferson faces one count of major fraud against the United States and one count of engaging in unlawful monetary transactions. The charges carry a maximum fine of $1 million and up to 10 years in prison.

Click here to continuing reading on RichmondBizSense.com.

1 Comment

Comments are closed.